Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, is investing in Ionic Materials, a privately held battery developer based in Massachusetts.
Hyundai Motor Group (HMG) has selected Wärtsilä for a technology and commercial partnership designed to utilize second-life electric vehicle (EV) batteries for the growing energy storage market.
Hyundai Motor Group and AUDI AG announced they have entered into a multi-year patent cross-licensing agreement, covering a broad range of fuel cell electric vehicle (FCEV) components and technologies.
In addition to being a key pillar in of the energy transition, the study shows that hydrogen has the potential to develop US $2.5tn of business, creating more than 30 million jobs by 2050.
Hyundai Motor has announced a partnership with the Icelandic H2ME initiative to promote the development and commercialisation of fuel cell cars as an alternative to fossil fuel vehicles.